Links: Monday 2nd July

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Links: Monday 2nd July Jul 2nd 2012, 10:22 *Africa on the Rise, Another way to think of Africa: an economic dynamo {http://www.nytimes.com/2012/07/01/opinion/sunday/africa-on-the-rise.html?_r=1&partner=rss&emc=rss} *Chovanec: China in serious slowdown ~ Video {http://www.macrobusiness.com.au/2012/07/chovanec-china-in-serious-slowdown/} *China's Manufacturing Growth Weakens As New Orders Drop Chinese manufacturing indexes slipped to seven-month lows as overseas orders dropped, and South Korea cut its estimate for exports this year, underscoring risks to Asian economies from Europe's debt crisis. {http://www.bloomberg.com/news/2012-07-01/china-june-manufacturing-pmi-50-2-vs-economists-est-49-9.html} *LOLCHINA (or why the world's second biggest economy is completely ..) {http://www.thereformedbroker.com/2012/07/01/lolchina-or-why-the-worlds-second-biggest-economy-is-completely-fed/} *The global scam that may prove terminal for Barclays, Lloyds and RBS {http://www.ianfraser.org/the-wages-of-sin-bankers-on-the-fiddle/} *The (other) deleveraging: What economists need to know about the modern money creation process {http://www.voxeu.org/article/other-deleveraging-what-economists-need-know-about-modern-money-creation-process} Source

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